Energy generation and storage company Statera have released plans to develop a 3GW green hydrogen project in Scotland capable of supplying the UK with up to 30% of its 10GW by 2030 hydrogen target.
A new report released by the Global Wind Energy Council (GWEC) has warned that policymakers must have a “decisive impact” in tackling supply chain issues to unlock 680GW of new wind capacity globally by 2027.
French energy giant EDF’s UK branch posted an annual profit of £1.12 billion despite the state-controlled company having recorded annual losses of around £16 billion.
The UK’s offshore wind pipeline is set to reach 100GW in the coming months but has lost out on the top spot for installed capacity to China, according to RenewableUK.
Ireland is set to benefit from a new agreement between Statkraft and investment management firm Copenhagen Infrastructure Partner (CIP) in which up to 2.2GW of offshore wind will be developed in the nation.
In this week’s Current± Price Watch series – powered by LCP Enact – we take a look at the record high Day Ahead prices, the tight capacity conditions and the positive moves for renewables.
